The Wall Street Journal: Chinese auto maker Zotye plans to start U.S. sales in 2020
Chinese car maker Zotye Automobile International Co. plans to start selling a vehicle in the U.S. starting in 2020, despite new Trump administration tariffs imposed this year on vehicle imports from China......»»
The Wall Street Journal: Coke to start U.S. sales of new energy drink in January
Coca-Cola Co. plans to start selling its Coke-branded energy drinks in the U.S. in January after clearing a legal hurdle with Monster Beverage Corp. this summer......»»
Chinese automaker Zotye plans to sell vehicles in US in 2020
Chinese automaker Zotye Auto says it plans to start selling vehicles in the United States in 2020......»»
The Wall Street Journal: GM plans to shut auto factory in Oshawa, Canada
General Motors Co. plans to close its manufacturing operations in the Canadian city of Oshawa, according to people familiar with the plans, the latest in a series of cost-cutting moves under way at the Detroit car maker......»»
The Wall Street Journal: Auto makers stung by falling sales in China in 2018
Chinese passenger-vehicle sales fell last year for the first time since 1990 as economic uncertainty weighed on consumers, producing a wreck for Ford Motor Co., General Motors Co. and other manufacturers......»»
The US is weighing using the power of the dollar to stop Chinese banks aiding Russia — but its plan could backfire
The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal. A Chinese flag flies near buildings in the central business dis.....»»
The Wall Street Journal: LG calls it quits on smartphones; will halt production, sales by July 31
LG Electronics Inc. will exit its unprofitable smartphone business after years of struggling to compete with industry leaders Apple Inc. and Samsung Electronics Co., as well as fast-growing Chinese rivals......»»
The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, The Wall Street Journal reported. Jack Ma. Wang HE/Getty Images.....»»
The Wall Street Journal: Nissan’s U.S. chief is latest exec to quit troubled auto maker
Nissan Motor Co.’s U.S. chief, José Luis Valls, is resigning after a year on the job, the company said......»»
Carvana Rival Online Retailer Vroom Plans June IPO: Report
Online auto retailer Vroom Inc. is seeking to go public as soon as June, the Wall Street Journal reported Sunday. read more.....»»
Juul plans to cut a third of its workforce- WSJ
Juul Labs Inc is planning to cut around a third of its staff as the e-cigarette maker faces a relentless series of regulatory headaches and falling market share, the Wall Street Journal reported on Wednesday......»»
The Wall Street Journal: Banks could lose over $100 Million from loan made to China’s Luckin Coffee chairman
Banks stand to lose more than $100 million from a loan they made to the chairman of Luckin Coffee Inc. whose share price plunged after the Chinese coffee chain last week said much of its 2019 sales were fabricated......»»
Cisco Systems plans a new round of layoffs amid an uncertain outlook for the economy
A round of job cuts is coming to Cisco Systems Inc. as the company — and nearly all of the rest of the tech industry — faces uncertain economic prospects for the near future. The Wall Street Journal reports that the networking equipment maker is p.....»»
The Wall Street Journal: U.S. plans to evacuate Americans with charter flight from epidemic stricken Wuhan
The U.S. government is arranging a charter flight Sunday to evacuate its citizens and diplomats from the epidemic-stricken Chinese city of Wuhan to the U.S......»»
The Wall Street Journal: Car sales hit the skids in 2019
Several major car companies reported softer U.S. sales for 2019, as the auto market shows signs of easing after posting a multiyear streak of near-record results......»»
Under Armour faces U.S. federal probe over accounting practices: WSJ
Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday......»»
Under Armour faces federal probe over accounting practices: WSJ
Under Armour Inc is being probed by U.S. federal law enforcement officials, examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, the Wall Street Journal reported on Sunday......»»
The Wall Street Journal: Under Armour’s accounting is under federal investigation
Federal law-enforcement officials are investigating Under Armour Inc.’s accounting practices in a probe examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, according to people familiar with the matter......»»
SEC probes AIG unit that sells retirement plans to teachers: WSJ
The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American International Group Inc , the Wall Street Journal reported on Tuesday, citing sources familiar with the matter......»»
The Wall Street Journal: Juul’s sales halted in China without explanation, days after launch
E-cigarette maker Juul Labs Inc.’s sales have been halted in China, days after the startup launched its products in the world’s biggest tobacco market......»»